Good morning. Still shocking…
For the High Yield nerds out there: “A puzzle persists in high-yield bond pricing”
https://ftalphaville.ft.com/2018/03/12/1520870768000/A-puzzle-persists-in-high-yield-bond-pricing/
Just as a reminder on trade
https://ftalphaville.ft.com/2018/03/08/1520526203000/America-is-not-the-least-protectionist-country-in-the-world/
On the hotter oceans
https://www.economist.com/blogs/graphicdetail/2018/03/daily-chart-6
The BIS on central bank crypto, eh, digital currencies
https://www.bis.org/cpmi/publ/d174.pdf
All is still quiet with respect to trade wars?
http://www.businessinsider.com/stock-market-today-2-surprising-charts-show-traders-not-losing-sleep-over-trade-war-2018-3
Best of last week.
https://lukasdaalder.com/2018/03/09/best-in-economics-this-week-march-12/
Manufacturing jobs are returning to the US (do not extend the timeline though)
https://www.bespokepremium.com/think-big-blog/manufacturing-jobs-on-the-comeback/
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Best of the Web 